$MERL Is the market being manipulated? Big players are rushing to unlock, don't miss the short opportunity! Last night the market pulled back again, and $MERL suddenly surged 17% in the past two days, briefly breaking $0.44, now at $0.436, ranked 100 on CoinMarketCap! But don’t rush to chase the rise, this might be a strategy by the big players to entice retail investors to go long while liquidity is low.
Technically, the key resistance level has been repeatedly tested and broken, the structure has weakened, and a downturn could happen at any moment.
On the supply side, it's even harsher: on December 12, 15, 16, and 19, 70 million coins will be unlocked in quick succession, dramatically increasing the circulating supply! Even if OTC big players don’t sell everything, the market's expectation of selling pressure is already frightening, buying interest is drying up, and holders are preemptively reducing their positions, severely limiting the rebound potential. Those who acquired at low costs are already eager to take profits, and any rebound could lead to a sell-off.
On-chain evidence: Big players just transferred 16 million coins ($8 million) to Bybit! This operation occurred on the eve of the unlock, clearly a strategy to avoid peak slippage. As soon as the market sees this signal, bearish sentiment amplifies instantly, triggering a panic sell-off cycle.
Overall, the selling pressure is certainly strong, far exceeding the support from buying interest.
Strategy: Build short positions on rallies, seize the opportunity of structural weakness! Pay attention to shorting points, and don’t get caught in the trap of false bullish signals. #MERL $MERL #CryptoCrash #解锁抛压 #做空机会
SPACIAL CELEBRATION FOR 50K FOLLOWERS Time; UTC- 2:30PM, IND- 8PM Reaching 50,000 followers on Binance Square is a significant creator milestone, often celebrated by individual creators through community engagement and occasionally with official Binance campaigns offering token rewards or other exclusive benefits.
Individual creators on Binance Square often mark this milestone by posting a heartfelt "thank you" message to their community for their support, trust, and engagement. Common elements of user-led celebrations include:
Expressing Gratitude: Acknowledging that the milestone is a shared achievement with their "Binance Square Family".
Reaffirming Commitment: Pledging to continue delivering high-value content, insightful analysis, and market updates.
Setting Future Goals: Mentioning the next target, such as reaching 100,000 followers.
Community Interaction: Inviting followers to like, comment, and share the celebratory post to boost engagement.
Official Platform Benefits and Campaigns
While the 50k follower count itself is a personal milestone, it brings creators closer to official recognition and rewards within the platform's ecosystem.
Creator Program Eligibility: Creators with 30,000 or more followers may be considered for the official creator verification process, which provides benefits like a verified badge and potential inclusion in exclusive programs.
"Write to Earn and CreatorPad: Binance Square runs regular campaigns like "Write to Earn" and "CreatorPad" where active, verified creators can earn rewards based on content performance, views, and engagement metrics.
Exclusive Opportunities: High-follower creators may receive invitations to official Binance events, access to dedicated account managers, and priority consideration for paid collaborations and marketing partnerships.
In essence, a 50k follower celebration on Binance Square is a mix of sincere community appreciation and leveraging the momentum for further growth and access to the platforms various creator incentive programs. #Binance @BNB Chain $BNB
Red envelope in the cryptocurrency circle✨ Leave a message to check in for good luck, randomly select people to distribute benefits, holding positions in a long rainbow, and doubling profits are all arranged!
Do you want to invest in crypto with more foundation? Learn to analyze any project in 3 key steps. 👇
1. ANALYZE THE FUNDAMENTALS (ON-CHAIN) Look beyond the price. Use tools like: •Binance Research: In-depth reports. •CoinMarketCap/CoinGecko: Market data, supply, and official links. •Block explorers: Verify activity, large holders, and transactions. •Social media and GitHub: Is there active development? Is there a strong community?
2. USE THE BINANCE TOOLS The platform is your ally: •Binance Square: Follow projects and verified analysts to see news and direct opinions. •Futures and Spot Data: Observe trading volume (liquidity) and order book. •Launchpad/Launchpool: Projects listed after due diligence process.
3. RISK MANAGEMENT (THE KEY) •Never invest more than you can afford to lose. •Diversify: Don’t put everything in a single asset. •Define entries, take profits, and STOP LOSS. Discipline will make you profitable in the long run.
Ready to apply these steps? Start today on Binance and make more informed decisions. Your financial future is now!
👉 Follow this account for more practical guides. @ChristianoViral Comment on which crypto you are analyzing! 👇
The Hero Chain (HEC) was a fraudulent gaming blockchain project that erupted in 2018, with involved amounts exceeding 300 million yuan.
The project party falsely claimed to be an online gaming and entertainment project in Cambodia, forged a Cambodian license, and even fabricated endorsements from political and business bigwigs, falsely promising that HEC could be used to purchase real estate in Cambodia and used as collateral for Macau gambling.
On January 15, 2018, HEC was launched on trading platforms, but it immediately plummeted, with the coin price crashing nearly to zero. Nevertheless, the project party continued to deceive investors, claiming the coin price would skyrocket a hundredfold in the short term, leading many to invest more after being misled.
In October 2018, the project party shut down its official website, expelled investors seeking rights protection from the community, and disbanded the official WeChat group, with the person in charge completely disappearing. Investigations revealed that the project raised nearly 40,000 Ethereum in just two months, with most of the raised funds split among the team and their agents.
Subsequently, the police arrested 15 suspects and froze over 20 million yuan of involved funds. This case became a typical example of blockchain fraud in the country at that time, with many main offenders being approved for arrest, and related agents were also held accountable for their complicity in the crime.